Kaizen

Kaizen (rarely spelled kaizan or known as kaizenshiro meaning kaizen as a target; alternatively known as continuous improvement and continual improvement) is a Japanese word meaning "change for the better."

In organizational behavior, the concept of learning organization is similar to Kaizen.

Definitions

According to Managerial Accounting by Braun, Tietz (5th edition),

Kaizen. A Japanese word meaning "change for the better."

According to the ASME EMBOK,

Kaizan. Gradual, unending improvement and increasingly higher standards.

Process

Main wikipage: Continual improvement process